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World Green Economy Summit highlights green hydrogen as a key catalyst for sustainable future
DUBAI: Green hydrogen, often referred to as the fuel of the future, is emerging as one of the most prominent clean energy sources that will significantly contribute to transforming the global energy landscape.
Recognising its potential, the World Gre…
CBUAE lowers Base Rate by 50 basis points
ABU DHABI: The Central Bank of the UAE (CBUAE) has decided to cut the Base Rate applicable to the Overnight Deposit Facility (ODF) by 50 basis points, from 5.40 to 4.90 percent, effective from 19th September.
This decision was taken following the US …
Alia Al Mazrouei meets with CEOs of 20 venture capital funds
ABU DHABI: Alia Abdullah Al Mazrouei, Minister of State for Entrepreneurship, held a roundtable with 20 directors and CEOs of venture capital funds.
The meeting was aimed at enhancing cooperation to support the development of the UAE’s entrepreneuria…
ADGM, DMT sign MoU to facilitate transfer of real estate services on Al Reem Island
ABU DHABI: Abu Dhabi Global Market (ADGM) and the Department of Municipalities and Transport (DMT) have signed a Memorandum of Understanding to facilitate the transfer of real estate services within ADGM’s expanded jurisdiction.
As ADGM expands its p…
Mubadala Energy’s 2023 sustainability report reveals progress in GHG emission reduction efforts
ABU DHABI: Mubadala Energy, the Abu Dhabi headquartered international energy company, has today announced significant progress across key Environmental Social and Governance (ESG) drivers, including a two-thirds reduction in Scope 1 and 2 greenhouse g…
FTA reinforces crucial role of certified tax agents at Annual Forum for Certified Tax Agents
DUBAI: Recognising the increasingly complex world of corporate taxation, the Federal Tax Authority (FTA) convened its Annual Forum for Certified Tax Agents, underscoring the vital role these professionals play in ensuring compliance and shaping a tran…
Etihad showcases love of Indonesia at Bali International Air Show
ABU DHABI: Etihad Airways, the national airline of the UAE, is spotlighting its successful Indonesian routes at this week’s Bali International Air Show, after unveiling plans to boost flights to Bali and Jakarta in Summer 2025.
The airline has reveal…
UAE-India Defence Industry Forum discusses boosting strategic partnership
ABU DHABI: The UAE-India Defence Industries Cooperation Forum, co-organised by the Emirates Defence Companies Council (EDCC) and the Society of Indian Defence Manufacturers (SIDM), was held today in Abu Dhabi.
The event brought together a distinguish…
Khaled bin Mohamed bin Zayed inaugurates strategic partnership between Mubadala and Aldar with combined value of AED30bn+
ABU DHABI: H.H. Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has inaugurated a new partnership between Mubadala Investment Company (Mubadala) and Aldar Properties (Aldar) to …
Etihad Credit Insurance signs financing deal to support Trafigura’s exports from UAE
ABU DHABI: Etihad Credit Insurance (ECI), the UAE Federal export credit company, in collaboration with Abu Dhabi Exports Office (ADEX), First Abu Dhabi Bank (FAB), and Natixis Corporate and Investment Banking (Natixis CIB), signed a joint agreement to…